UniBank Car Loan Review

Purchase a range of vehicles and benefit from flexible repayments with this loan from UniBank.

The UniBank Car Loan offers a variable rate and no ongoing fees to help you purchase a car, motorbike, caravan or classic car. The loan offers flexible repayments and has the option to make additional repayments, with no penalty for early repayment. You can also benefit from unique features such as being able to add additional vehicle costs, like car insurance, to the loan.

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$100

Application Fee

From 9.95% (variable)

Interest Rate (p.a.)

10.64%

Comparison Rate (p.a.)

$80,000

Max Loan Amount

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Details

Product NameUniBank Car Loan
Interest Rate (p.a.)From 9.95% (variable)
Comparison Rate (p.a.)10.64%
Interest Rate TypeVariable
Min Loan Amount$2,000
Max Loan Amount$80,000

Main points to consider with the UniBank Car Loan

This car loan allows you to purchase a new or used car, towable caravan, boat, motorcycle or classic car. You can apply for between $2,000 and $80,000 which you're able to spend on the cost of the vehicle as well as on-road costs such as navigation systems or car insurance.

The loan comes with a variable rate of 9.95% p.a. You will pay no ongoing account-keeping fees with this loan and you can make extra repayments or repay the loan early without penalty.

Features of the UniBank Car Loan

There are many features included in this personal loan, such as:

  • No ongoing fees. There are no ongoing monthly or annual fees charged with this loan.
  • Suitable to buy a range of vehicles. You are able to use the loan funds to buy a new or used car, a classic car, a motorbike or a towable caravan.
  • Flexible repayments. You can make extra repayments at any time and redraw those should you need them. You are also able to pay off the loan early without penalty.
  • Borrow extra for on-road costs. Many loans only let you borrow the cost of the vehicle, but UniBank will let you apply for additional funds for car purchases such as navigation systems, car insurance or car alarms.
  • Loan amount. You can apply for between $2,000 and $80,000.
  • Loan term. Select loan terms up to 6 years.
  • Variable rate. This loan comes with a competitive variable rate starting from 9.95% p.a. up to 10.64% p.a.

Fees and charges

Some of the fees you can expect with this loan include:

  • Application fee. This is a one-off fee of $100.
  • A late payment fee of $10.

Apart from the fees above, there are no ongoing or monthly fees associated with this loan.

How to apply for the UniBank Car Loan

Applying for the UniBank Car Loan is easy. Simply click on “Go to Site” and ensure you meet the following requirements:

  • Be an Australian citizen or permanent resident
  • Be over the age of 18
  • Have adequate identification. Two forms of ID are needed and can include your driver’s licence, Medicare card, passport or birth certificate.
  • You must be a member of UniBank and become a shareholder within the company. This can be done online and costs $10.
  • You must show your assets and liabilities situation to show you have the ability to pay off this loan
  • You must also agree to a credit check, as your credit score has an impact on your eligibility for the loan.

While you benefit from no penalties for early repayments, it’s important to consider whether this personal car loan meets your individual needs. Compare other loans before making a decision.

Compare car loan providers

$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
Loans.com.au - New and Dealer Used Car Loan
From 4.67% (fixed)
5.22%
$5,000
3 to 5 years
$400
$0
You'll receive a fixed rate from 4.67% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment. Settle the loan before 30 November 2021 and enter the draw to win a $1,000 fuel gift voucher. T&Cs apply.
Plenti Car Loan
From 4.89% (fixed)
5.44%
$2,000
3 to 7 years
from $249 to $799
$0
You'll receive a fixed rate from 4.89% p.a.
Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.
Wisr Secured Car Loan
From 4.74% (fixed)
5.01%
$5,000
3 to 7 years
$195 for refinance and dealer sale ($245 for private sale)
$0
You'll receive a personalised interest rate from 4.74% p.a. to 16.01% p.a. based on your risk profile
A flexible car loan from $5,000 - $63,000 with personalised rates and rewards for strong credit customers.

⭐Special Offer: Wisr's standard establishment fee $605 will be reduced to $195 for applications submitted through Finder. T&Cs apply.
Stratton Finance New Car Loan
From 3.85% (fixed)
4.05%
$10,000
3 to 7 years
$700
$8.25
You'll receive a fixed rate from 3.85% p.a. depending on the lender you are approved with
Apply for up to $250,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
Credit Concierge Car Loan
From 3.35% (fixed)
4.41%
$10,000
1 to 7 years
$350
$8.50
You'll receive a fixed rate of 3.35% p.a. with a comparison rate of 4.41% p.a.
Get access to over 20 providers to fund a new or used car.
IMB New Car Loan
4.99% (fixed)
5.34%
$2,000
1 to 7 years
$275.12 ($250 Application fee + $25.12 PPS registration fee)
$0
You'll receive a fixed rate of 4.99% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one that's up to two years old.
RACV New Car Loans
From 4.99% (fixed)
5.69%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 4.99% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.
NRMA New Car Loan
From 4.99% (fixed)
5.69%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 4.99% p.a.
Purchase a new or used car up to 3 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.
CarClarity Car Loan
From 3.35% (fixed)
4.95%
$10,000
1 to 7 years
$356
$8.25
You'll receive a fixed rate from 3.35% p.a.
Get access to more than 30 lenders to finance a new or used car for personal or corporate use. Borrow up to $250,000 with terms from 1 to 7 years.
Heritage Bank Car Loan
4.89% (fixed)
5.53%
$5,000
1 to 7 years
$200
$5
You'll receive a fixed rate from 4.89% p.a.
Finance a new or used car up to 5 years old. Large maximum borrowing amount up to $100,000 and terms up to 7 years.
OurMoneyMarket Car Loan
From 5.35% (fixed)
5.65%
$2,001
1 to 7 years
$250
$0
You'll receive a fixed interest rate from 5.35% p.a. to 14.99% p.a. based on your risk profile.
Borrow between $2,001 and $75,000 to finance a new or used car up to 10 years.
RACQ Bank Car Loan Special
5.49% (fixed)
6.16%
$3,000
Up to 7 years
$395
$0
You'll receive a fixed rate of 5.49% p.a.
Borrow up to $60,000 for a new or used car and get a range of membership benefits.
SocietyOne Car Loan
From 5.95% (fixed)
5.95%
$5,000
2 to 5 years
from $0 to $595
$0
You'll receive a fixed rate between 5.95% p.a. and 17.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
NAB Personal Loan Unsecured Fixed
From 6.99% (fixed)
7.91%
$5,000
1 to 7 years
$150
$10
You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
Borrow from $5,000 to $55,000, with 1 to 7 year loan terms available. This loan comes with no fees for extra repayments and no early exit fees.
NRMA Used Car Loan
From 6.24% (fixed)
6.94%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 6.24% p.a.
Finance a used car with NRMA and benefit from a fixed rate term and no monthly fees. Pre-approval available within 5 business hours.
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Compare up to 4 providers

Car Loan Offers

Important Information*
Logo for IMB New Car Loan
IMB New Car Loan

You'll receive a fixed rate of 4.99% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one up to two years old.

Logo for Beyond Bank Low Rate Car Loan "Special Offer"
Beyond Bank Low Rate Car Loan "Special Offer"

You'll receive a fixed rate of 4.69% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

Logo for RACV New Car Loans
RACV New Car Loans

You'll receive a fixed rate from 4.99% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.

Logo for NRMA New Car Loan
NRMA New Car Loan

You'll receive a fixed rate of 4.99% p.a.
Purchase a new or used car up to 2 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.

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